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The price of a 15% coupon bond with 3 years to maturity is ______ when the required return is 13%. A. 987 B. 1058 C.
The price of a 15% coupon bond with 3 years to maturity is ______ when the required return is 13%.
A. 987
B. 1058
C. 1047
D. 995
E. 1078
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